By Don McDonald
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24 Sep, 2022
In 1929, the Standard & Poors Index (SPX) lost 77% to inflation. It took 24 years to recover. In 1987, the SPX lost 64% to inflation. It took 21 years to recover. In 2009, the SPX lost 64% to inflation. It took 12 years to recover. Bear markets generally last for five years. Can any of us really afford the risk of public market investing????